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Rio Tinto plc

Rio Tinto, International mining company

 

Presentation of the Company


Rio Tinto (LSE: RIO) is an Anglo-Australian multinational mining group, mainly established in Australia where one of its two headquarters is located (the other one is in London) and in North America. The group is present in many countries on five continents, but its mining assets are mainly concentrated in Australia and Canada. Aluminum and iron are the activities representing the most turnover for the company with more than 65% of the turnover. Rio Tinto has also had many environmental scandals since 1888, the latest occured in 2020.

Rio Tinto (LSE: RIO) main competitors are BHP Billiton and Glencore.

Source : macrotrends.com

Source : statista.com

 

History of Rio Tinto

 

Rio Tinto (LSE: RIO) was founded in 1873, when a multinational consortium of investors formed to buy the Rio Tinto mine in Spain. The company grew rich through a long series of mergers and acquisitions and extended its activities until the first world war. The war had the effect of greatly slowing down Rio Tinto's activities. However, the post-war period boosted new markets, helped by the reconstruction of the world, and the company took advantage of this to diversify its activities.

Much more recently, between 2007 and 2017, numerous mergers and acquisitions have taken place for Rio Tinto, contributing to its status as a mining giant and its international development.

Today, Rio Tinto (LES: RIO) is seen as one of the biggest company in the mining sector, with almost 50,000 employees and more than $100 billion in assets.

 

Source : macrotrends.com

Source : statista.com

 

The Market

 

Rio Tinto (LSE: RIO) business is focused on commodities. This is a market that has been established for centuries and that had its golden age in the 20th century with the acceleration of industrial production and its expansion to five continents. The products are not available in any geographical area, but are sold all over the world.

It is a market where the supply is finite, but where the demand is very strong and growing. This is very good news for the good of the companies operating in this market, with an almost continuous increase in prices, but not so good news for the states that are worried about the environmental damage caused by this market.

 

Source : statista.com

Source : statista.com

 

Key Figures and Financial Ratios

 

Market capitalization: $92.23 billion1[2022]

Revenue: $63,495 billion2[2021]

Net income: $21,094 billion 3[2021]

Dividends paid: Twice a year, for more than 20 years 4

Earnings per share: $12.95 5[2021]

Price to earnings ratio: ≃6.28 6[2022]

Debt to equity ratio: 0.2377[2022]

 

Source : macrotrends.com

Source : macrotrends.com

Graniteshares Offering Products

RIO TINTO

Sources

  1. Rio Tinto Market Cap 2010-2021 | RIO macrotrends
  2. Rio Tinto Revenue 2010-2021 | RIO macrotrends
  3. Rio Tinto Net Income 2010-2021 | RIO macrotrends
  4. Rio Tinto - 30 Year Dividend History | RIO macrotrends
  5. Rio Tinto Limited Google Finance
  6. Rio Tinto Limited Google Finance
  7. Rio Tinto Debt to Equity Ratio ycharts

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